I think the headline of that story is a bit misleading, and Forde's conclusions are somewhat questionable.
He seems to be making the same logical fallacy that's been repeated on message boards tons of times, where you take an exception and hold it up as "proof" that a larger trend isn't valid for some reason.
There are tons of "highly touted" recruits left in the field.
Just because there aren't any of the handful of 5-star guys who end up playing college basketball left doesn't mean that "highly touted" recruits aren't all over the place.
Louisville, Michigan State, Duke, Kansas, Arizona, Ohio State, Indiana, Syracuse and Michigan are all loaded with guys who were "highly touted." Go look at their rosters. They are all chocked full of 4-star guys.
Just because a couple of 3-star guys broke out doesn't mean that they have "taken over the field" as Forde puts it.